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Tuesday morning snapshot

A snapshot of the early morning's equity news and key market movements.

Last night in the US: The Dow Jones closed up 112 points at 16,695, the NASDAQ finished up 72 points at 4143 and the S&P 500 ended the day up 18 points at 1896.

This morning in London: The FTSE 100 is currently up 14 points at 6866.

FX and commodities: GBP/USD is up two pips at $1.6869, EUR/USD is up four pips at $1.3761 and USD/JPY is up 21 pips at ¥102.33. Brent crude is down 11 cents at $108.24 and gold is trading at $1291, down $5.

Stocks: Both easyJet and TUI Travel have benefited from the mild winter that Europe has had, with running costs and disruptions down for both of them. The timing of Easter has fallen outside these figures making year-on-year comparisons difficult. Both have stated that summer bookings are looking optimistic. Airbus has seen issues with some of its delivery timings, but the longer term hope that the new A350 can take on the Boeing 787 was boosted by news that it is on track to receive its aviation safety certificate.

The day ahead: All eyes will be on this morning's German ZEW economic sentiment figures. Many will be looking to see how it has been affected by the strong euro, and also Mario Draghi’s inference that he will do something to tackle this in June. Later in the afternoon we will also see the latest US monthly retail sales figures.

All figures correct at 8.15am. All times London time.

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